city managers dentoncad proposed budget 2016-2017

City Manager’s

FY 2016-17 Proposed Budget

Strategic Plan – Key Focus Areas

1. Organizational Excellence

2. Public Infrastructure

3. Economic Development

4. Safe, Liveable, and Family-Friendly Community

5. Sustainable and Environmental Stewardship

Proposing strategic outcomes, key action steps and key performance outcomes in the FY 2016-17 Strategic Plan

2

Budgetary Priorities Funding for Strategic Plan outcomes/action steps

Expand Public Safety response capacity

Continue Street Maintenance expansion

Maintenance of other general government infrastructure (traffic signals, parking lots, sidewalks, buildings)

Utility Infrastructure – replacement and expansion

Maintain competitive compensation plan

Maintain conservative budgetary and management practices as recognized by the rating agencies

3

Assumptions for General Fund Assessed Value Increases

FY 2016-17 –8.23%

FY 2017-18 and beyond – 4.0%

Debt Service Portion of Tax Rate

Increase of $0.00141 to $0.21660 in FY 16-17

M&O Portion of Tax Rate

Decrease of $0.00641 from $0.47456 in FY 2015-16 to $0.46815 in FY 2016-17

Total proposed tax rate of $0.68475 (decrease of ½ cent)

Sales Tax

FY 2016-17 – 3.0% above revised estimate for FY 2015-16 (net after incentive grants)

FY 2017-18 and beyond - 3.0% (net after incentive grants)

Franchise Fees

All growth in franchise fee revenues and bond sale savings ($1,021,172) transferred to Street Improvement Fund

Additionally $622,000 of base franchise fees transferred to Street Improvement Fund

Fund Balance

Minimum of 20% with a resiliency reserve up to 25%

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Property Values and Tax RateProposed Tax Rate

Maintenance & Operation $0.46815 / $100

Debt Service $0.21660 / $100

Total Proposed Tax Rate $0.68475 / $100

Effective Tax Rate $0.663366 / $100

Rollback Tax Rate $0.720790 / $100

Certified Taxable Value* $9,117,506,344

Value Increase 8.23%

5* Excluding TIRZ Values

Appraised Values

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Certified appraised value is $9.117 billion for 2016 (excluding TIRZ).

8.23% increase compared to 2015 Value of $8.424 Billion

$693.4 million total increase in value, - $208.4 million (2.47%) from new construction and $460.9 million (5.76%) from the increase in existing property appraisal

Average homestead taxable value increased from $179,149 to $195,882

Average city homeowner taxes from $1,236 to $1,341

Tax Year 2011 2012 2013 2014 2015 2016

Final Value ($Billions)

$6.412 $6.706 $6.962 $7.761 $8.424 $9.117

Value Change ($Millions)

$182.3 $294.3 $255.8 $798.9 $662.9 $693.4

Percent Change 2.93% 4.59% 3.81% 11.47% 8.54% 8.23%

Sales Tax

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Fiscal Year Sales Tax Collections % Change

FY 2007-08 $21,984,936 3.9%

FY 2008-09 $20,950,796 (4.7%)

FY 2009-10 $21,015,173 0.3%

FY 2010-11 $22,871,281 8.8%

FY 2011-12 $25,886,940 13.2%

FY 2012-13 $26,522,473 2.5%

FY 2013-14 $27,764,114 4.7%

FY 2014-15 $30,601,965 10.2%

FY 2015-16 Estimate $31,879,000 4.2%

FY 2016-17 Budget $32,835,370 3.0%

General Fund Revenue


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General Fund Expenditures by Category


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Personal Services71.9%

Materials & Supplies2.5%

Maintenance & Repair2.7%

Insurance1.0%

Miscellaneous0.9%

Utilities2.5%

Fuel and Maintenance1.5%

380 Agreements2.1%

Operations6.2%

Transfers8.2%

Fixed Assets0.5%

General Fund Expenditures by Function


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Vacancy Management/Salary Savings

Budgeted savings in FY 2016-17 - $1.0 million

Savings from normal turnover and management control over filling of vacant positions

Adds additional flexibility to deal with any revenue shortfalls

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Compensation and Benefits Civil Service pay adjustments to maintain meet and confer agreement (5% above

survey cities average) and STEP increases

All other 3.0% average merit increase and equity adjustments for those below new range minimum

Future FY’s have 3.0% merit package

Health insurance funding has a 6.0% increase in City contributions for FY 2016-17 and future FY’s

Employee contributions for FY 2016-17 – 10% increase for gold plan and 6.0% for silver plan

Health plan changes to control costs:

$50 surcharge for spousal coverage if available from the spouses employer

Compound drug prior authorization requirement

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General Fund Supplemental Packages

FY 2016-17

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Additional Street Maintenance funding of $622,000 is a reduction in General Fund franchise fee revenues andan increase in Street Improvement Fund revenues. The supplemental packages for this funding are in theStreet Improvement Fund.

Department Package Net Cost

Building Inspections Plans Examiner 69,412$

Building Inspections Technology Upgrade for Inspectors 9,904

Parks Wave Pool / Concession Stand Operations (1,924)

Parks Parks Foundation Exec. Dir. Current funding 35,000

Animal Services Additional Animal Shelter Staff 51,262

Fire Medic Unit 8 993,030

Fire Fire Training Captain 218,763

Fire Self-Contained Breathing Apparatus 40,000

Police Sworn Operations Personnel 745,477

Police Traffic Safety Package 83,350

Police Police and Fire Dispatchers 314,045

Traffic Control Pavement Markings Enhancement Program 95,850

Facilities Management Parking Lot Maintenance 50,000

Economic Development Total Impact 2.0 ED Impact Model 6,500

Internal Audit Internal Audit Services 72,727

Total Net Cost 2,783,396$

Supplemental Packages Funded in Current FY

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Department Package Net Cost

Library Security Cameras 51,553$

Fire Patient Lift System 36,231

Fire Station Alerting System 75,000

Engineering ServicesADA Comprehensive study for Streets/Right of

Way/Sidewalks250,000

Facilities Management Parking lot replacement - Civic Center 265,000

Transportation/Council Initiative Downtown Sidewalk Improvements 207,000

Traffic Control Traffic Signal Replacement 340,000


Internal Service Funds Supplemental Packages

FY 2016-17

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Fund Package Net Cost

Fleet Services Conference and Training room 45,000$

Fleet Services Fuel Truck 2,250

Fleet Services Fleet software replacement program 10,000

Fleet Services Facility Expansion / Construction 65,000

Materials Management Warehouse Operations Specialist 1 -

Materials Management Distribution Center Covering 300,000

Tech Services Fire Incident Reporting (RMS) 50,000

Tech Services Application's Additional FTE 141,549

Tech Services Cisco Equipment Replacement 550,000

Tech Services DME Capital Costs 450,000

Tech Services Application Automation Enhancements 90,000

Tech Services Disaster Recovery Site Refresh 200,000

Tech Services CASA Radar System for Fire 15,000

Tech Services Disaster Recovery Services for Public Safety 15,000

Tech Services TriTech Upgrade for Public Safety 280,000

Risk Fund Claims Administrator 97,057

Engineering Services Dev Review Senior Engineer 129,240


Special Revenue Fund Supplemental Packages

FY 2016-17

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Fund Package Net Cost

Police Confiscation Helmets and Body Armor 150,000$

Recreation Fund Facilities Equipment 100,000

Street Improvement Base Failures Maintenance 200,000

Street Improvement Overlay (OCI) Material & Support 500,000

Street Improvement Micro Seal 174,641

Street Improvement Street Maintenance Expansion Program Crew 702,102

Traffic Safety A.D.A. (PROWAG) Program 168,064

Traffic Safety Intersection Radar Detection 93,560

Traffic Safety Traffic Signal Replacement 340,000

Traffic Safety Pavement Marking Enhancement 307,726

Traffic Safety Traffic Signal Pre-Emption 35,421

Traffic Safety Bike Count Program 9,000

Traffic Safety Ped/Bike Safety Markings/Signs 7,000

Traffic Safety Bus Stop Improvements 15,000

Traffic Safety Downtown Sidewalk Improvements 145,000


General Fund Projected(10 Year Franchise Fees Transition)

17Fund Balance Goal is minimum of 20% and additional 5% resiliency reserve (proposed)

Proposed Year 2 Year 3 Year 4 Year 5

Budget Projected Projected Projected Projected

2016-17 2017-18 2018-19 2019-20 2020-21

Beginning Fund Balance 27,762,804$ 27,770,975$ 27,770,975$ 27,770,975$ 27,770,975$

Revenues 114,511,663$ 118,694,011$ 122,400,480$ 124,914,905$ 128,390,107$

Expenditures 114,503,492$ 118,251,555$ 121,749,162$ 124,206,873$ 127,598,236$

Denton County ESD #1 434,452$ 416,279$ 364,392$ 364,392$

New Supplemental Expenses - 8,004 235,039 343,640 427,479

Total Anticipated Expenditures 114,503,492 118,694,011 122,400,480 124,914,905 128,390,107

Ending Fund Balance 27,770,975$ 27,770,975$ 27,770,975$ 27,770,975$ 27,770,975$

Change in Fund Balance 8,171$ -$ -$ -$ -$

Fund Balance as % of Expend. 24.3% 23.4% 22.7% 22.2% 21.6%

Cumulative Transfer to Street Imp.

Fund (reduction in GF Revenue)622,000$ 1,244,000$ 1,866,000$ 2,488,000$ 3,110,000$

General Fund Projected(W/O Franchise Fees Transition)

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Proposed Year 2 Year 3 Year 4 Year 5

Budget Projected Projected Projected Projected

2016-17 2017-18 2018-19 2019-20 2020-21

Beginning Fund Balance 27,762,804$ 27,770,975$ 27,770,975$ 27,770,975$ 27,770,975$

Revenues 114,511,663$ 119,316,011$ 123,644,480$ 126,780,905$ 130,878,107$

Expenditures 114,503,492$ 118,251,555$ 122,371,162$ 125,450,873$ 129,464,236$

Denton County ESD #1 434,452$ 416,279$ 364,392$ 364,392$

New Supplemental Expenses - 630,004 857,039 965,640 1,049,479

Total Anticipated Expenditures 114,503,492 119,316,011 123,644,480 126,780,905 130,878,107

Ending Fund Balance 27,770,975$ 27,770,975$ 27,770,975$ 27,770,975$ 27,770,975$

Change in Fund Balance 8,171$ -$ -$ -$ -$

Fund Balance as % of Expend. 24.3% 23.3% 22.5% 21.9% 21.2%

FY 2016-17 Transfer to Street Imp.

Fund (reduction in GF Revenue)622,000$

Street Improvement Fund(10 Year Franchise Fee Transition)

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FY 2011-12 FY 2012-13 FY 2013-14 FY 2014-15 FY 2015-16 FY 2016-17 FY 2017-18 FY 2018-19 FY 2019-20 FY 2020-21

Actual Actual Actual Actual Projected Proposed Projected Projected Projected Projected

Franchise Fees 5,585,086$ 6,315,566$ 7,111,757$ 9,026,403$ 9,965,248$ 11,608,420$ 13,052,545$ 14,718,721$ 15,944,888$ 17,165,248$

Bond Sale Savings 194,382 315,636 379,911 558,888 864,752 997,363 1,118,135 1,229,797 1,328,026 1,425,359

Street Cut Fees and Interest 366,229 477,208 349,068 383,245 360,000 360,000 367,000 374,140 381,423 388,851

Total Operating Revenues 6,145,697$ 7,108,410$ 7,840,736$ 9,968,536$ 11,190,000$ 12,965,783$ 14,537,680$ 16,322,658$ 17,654,337$ 18,979,458$

Operating Expenditures 6,075,534$ 6,770,167$ 8,254,307$ 9,496,926$ 11,056,258$ 13,320,783$ 14,537,680$ 16,322,658$ 17,654,337$ 18,979,458$

Bond Sales* - 4,000,000 4,000,000 6,000,000 4,000,000 6,000,000 7,000,000 7,000,000 6,000,000 6,000,000

Total Expenditures 6,075,534$ 10,770,167$ 12,254,307$ 15,496,926$ 15,056,258$ 19,320,783$ 21,537,680$ 23,322,658$ 23,654,337$ 24,979,458$

*FY 2020-21 bond sale amount depends on future bond election.

Street Improvement Fund(W/O Franchise Fee Transition)

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FY 2011-12 FY 2012-13 FY 2013-14 FY 2014-15 FY 2015-16 FY 2016-17 FY 2017-18 FY 2018-19 FY 2019-20 FY 2020-21

Actual Actual Actual Actual Projected Proposed Projected Projected Projected Projected

Franchise Fees 5,585,086$ 6,315,566$ 7,111,757$ 9,026,403$ 9,965,248$ 11,608,420$ 12,430,545$ 13,474,721$ 14,078,888$ 14,677,248$

Bond Sale Savings 194,382 315,636 379,911 558,888 864,752 997,363 1,118,135 1,229,797 1,328,026 1,425,359

Street Cut Fees and Interest 366,229 477,208 349,068 383,245 360,000 360,000 367,000 374,140 381,423 388,851

Total Operating Revenues 6,145,697$ 7,108,410$ 7,840,736$ 9,968,536$ 11,190,000$ 12,965,783$ 13,915,680$ 15,078,658$ 15,788,337$ 16,491,458$

Operating Expenditures 6,075,534$ 6,770,167$ 8,254,307$ 9,496,926$ 11,056,258$ 13,320,783$ 13,915,680$ 15,078,658$ 15,788,337$ 16,491,458$

Bond Sales* - 4,000,000 4,000,000 6,000,000 4,000,000 6,000,000 7,000,000 7,000,000 6,000,000 6,000,000

Total Expenditures 6,075,534$ 10,770,167$ 12,254,307$ 15,496,926$ 15,056,258$ 19,320,783$ 20,915,680$ 22,078,658$ 21,788,337$ 22,491,458$

*FY 2020-21 bond sale amount depends on future bond election.

Traffic Signal Aging Summary City has 116 traffic signals

34 of the signals are 30 years of age or older

The 2014 bond program budgeted the replacement of 12 signals over 6 years

This will leave 22 signals that are currently over 30 years in age

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5

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15

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35-39 30-34 25-29 20-24 15-19 10-14 5-9 1-4

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Age In Years

Tax Increment Reinvestment Zones

TIRZ #1 (Downtown)established in 2010

Base value of $79,356,854 and 2015 value of $136,021,478

Estimated revenue for FY 2016-17 of $368,610

TIRZ #2 (Westpark) established in 2012

Base value of $119,458 and 2015 value of $2,401,349

Estimated revenue for FY 2016-17 of $8,519

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Special Revenue Funds Tourist and Convention Fund

Estimated revenues of $2,324,215

HOT Committee recommendations to be submitted to City Council

Tree Mitigation Fund

$289,110 in budgeted expenditures for KDB tree planting and rebate programs

$504,000 for tree planting in city parks

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Monthly Rate Impact – Average Residential

Customer

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FY 2016 FY 2017 Increase Change

Electric (1,300 kWh) $140.37 $140.47 $0.10 0.1%

Water (9,200 gallons) $51.96 $54.18 $2.22 4.3%

Wastewater (6,000 gallons) $34.95 $35.55 $0.60 1.7%

Solid Waste (Standard +

recycle cart)$27.35 $27.85 $0.50 1.8%

Total $254.63 $258.05 $3.42 1.3%

Water Utility Fund Focus is on infrastructure replacement, needed expansion of

system and utility relocations for State highway projects

Five-year CIP of $123.1 million with $42.0 funded by new debt –remainder revenue funding and existing proceeds

Continued costs for zebra mussels

Proposed rate increase of 5.0% for FY 2016-17

7.0 new FTE’s in production (1.0), distribution (5.0) and metering (1.0)

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2015-16

Estimate

2016-17

Proposed

2017-18

Proposed

2018-19

Proposed

2019-20

Proposed

2020-21

Proposed

5.0% 4.0% 3.0% 2.0% 3.0%

$25.6 $25.6 $25.6 $27.1

$51.8 $52.7 $53.1 $53.9 $54.0

$70.9 $77.4 $78.3 $78.7 $79.5

WATER

2016-17 Five Year Forecast (in millions)

BEGINNING FUND BALANCE $17.9 $25.6

$81.1

REVENUES $53.0

OPERATING EXPENDITURES $45.3 $51.8 $52.7 $53.1 $52.4

TOTAL RESOURCES AVAILABLE

PLANNED RESERVE EXPENDITURES $0.0 $0.0 $0.0 $0.0 $0.0

$45.3 $51.8 $52.7 $53.1 $52.4

$54.0

$0.0

PROPOSED RATE INCREASES

$54.0

NET INCOME (LOSS) $7.7 $0.0 $0.0 $0.0 $1.5 $0.0

TOTAL EXPENDITURES

Wastewater Utility Fund Focus is on infrastructure – replacement, expansion and sanitary sewer

overflow program

Meet regulatory requirements for capacity expansion and rehabilitation projects

Implemented improvements to meet TCEQ mandated phosphorus limit

Five-year CIP of $63.3 million (excluding drainage projects) with $19.7 funded by new debt – remainder revenue funding and existing proceeds

Proposed rate increase of 2.0% for FY 2016-17

1.0 new FTE is a watershed protection intern funded by grant

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2015-16

Estimate

2016-17

Proposed

2017-18

Proposed

2018-19

Proposed

2019-20

Proposed

2020-21

Proposed

$37.2

$30.5

PROPOSED RATE INCREASES 2.0% 2.0% 2.0% 2.0% 2.0%

$0.3

TOTAL EXPENDITURES $31.2

NET INCOME (LOSS) $6.0 $0.0 $0.0 $0.2 $0.1

PLANNED RESERVE EXPENDITURES $0.0 $0.0 $0.0 $0.0

$35.7

$35.7

$38.6 $34.4 $34.8 $35.7

$35.7

$54.4

REVENUES $37.2

$0.0 $0.0

OPERATING EXPENDITURES $31.2 $38.6 $34.4 $34.8

$18.1 $18.1 $18.3 $18.4

TOTAL RESOURCES AVAILABLE $49.3 $56.7 $52.5 $53.1 $54.1

$38.6 $34.4 $35.0 $35.8 $36.0

WASTEWATER 2016-17 Five Year Forecast (in millions)

BEGINNING FUND BALANCE $12.1 $18.1

Solid Waste and Recycling Fund Major projects include expansion of commercial and organic recycling

program, initiate grease and grit trap processing services, begin landfill mining, and expansion of household hazardous waste processing facility

Five-year CIP of $69.7 million with $11.3 revenue funded

Proposed rate increase of 1.8% for standard cart with recycling, 1.5% for large cart with recycling, 3.0% for commercial refuse dumpster and 2.5% for commercial open top

11.0 new FTE’s in commercial(1.0), disposal operations (4.0),field support (1.0) and diversion mining (5.0)

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2015-16

Estimate

2016-17

Proposed

2017-18

Proposed

2018-19

Proposed

2019-20

Proposed

2020-21

Proposed

BEGINNING FUND BALANCE $5.9 $6.1 $6.1 $6.1 $6.1 $6.1

REVENUES $31.3 $36.8 $40.0 $43.0 $46.5 $48.9

TOTAL RESOURCES AVAILABLE $37.2 $42.9 $46.1 $49.1 $52.6 $55.0

OPERATING EXPENDITURES $31.1 $36.8 $40.0 $43.0 $46.5 $49.0

PLANNED RESERVE EXPENDITURES $0.0 $0.0 $0.0 $0.0 $0.0 $0.0

TOTAL EXPENDITURES $31.1 $36.8 $40.0 $43.0 $46.5 $49.0

NET INCOME (LOSS) $0.2 $0.0 $0.0 $0.0 $0.0 ($0.1)

PROPOSED RATE INCREASES

RESIDENTIAL REFUSE (Standard cart) 27.35$ 27.85$ 28.75$ 29.50$ 29.85$ 29.85$

RESIDENTIAL REFUSE (Large cart) 32.75$ 33.25$ 33.85$ 34.60$ 34.95$ 34.95$

COMMERCIAL (average) 2.8% 2.8% 2.8% 2.8% 2.8% 0.0%

SOLID WASTE

2016-2017 Five Year Forecast (in millions)

Electric Utility Fund Replacement of Aging Infrastructure

Construction of Transmission system with increased revenue to DME

Implementation of Renewable Denton Plan

Five-year CIP of $647.7 million

Base rate increase of 4.5% for FY 2016-17 which is offset by reduction in ECA rate, average residential customer increase is 0.1%

9.0 new FTEs with lineman (3.0) technicians (3.0), EMO (1.0), Business Analyst (1.0) and RDP (1.0)

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Electric Utility Capital Budget(Amounts in Thousands)

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CATEGORY 2016-17 2017-18 2018-19 2019-20 2020-21 TOTAL

Automated Meter Reading 1,796$ 1,863$ 1,934$ 2,007$ 2,084$ 9,684$

Building Construction 1,394 - 4,080 4,125 - 9,599

Communications Equipment 400 335 335 335 335 1,740

Contingency 600 600 600 600 300 2,700

Distribution Substations 18,067 10,254 8,418 8,984 7,907 53,630

Distribution Transformers 3,252 3,409 3,574 3,441 3,613 17,289

Feeder Extensions & Improvements 18,215 16,595 11,090 8,015 5,242 59,157

Miscellaneous 225 - - - - 225

New Residential & Commercial 7,090 7,530 7,905 8,282 8,678 39,485

Office Furniture/Computer/Equipment 0 500 - - - 500

Over to Under Conversions 350 368 386 405 425 1,934

Power Factor Improvement 592 601 610 624 638 3,065

Street Lighting 555 652 554 639 664 3,064

Tools & Equipment 120 91 92 93 94 490

Power Plant 92,000 128,000 - - - 220,000

Vehicles 1,382 947 2,409 375 21 5,134

Subtotal - Distribution 146,038 171,745 41,987 37,925 30,001 427,696

Transmission Lines 22,550 24,840 18,490 26,270 19,780 111,930

Transmission Substation 35,530 18,465 20,570 20,490 13,065 108,120

Subtotal - Transmission 58,080 43,305 39,060 46,760 32,845 220,050

GRAND TOTAL 204,118$ 215,050$ 81,047$ 84,685$ 62,846$ 647,746$

Utility Reserve Balance Changes

Recommended by PUB on June 27, 2016 in adoption of Utilities Financial Strategies document for FY 2016-17

Increase in reserve balances will be a separate agenda item for consideration by City Council on September 20, 2016

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Working

Capital

Operating

Reserve (current)

Operating Reserve

(proposed)Total Day Range

Water 8% 17-25% 25-42% 33-50% 120-180 days

Wastewater 8% 12-16% 20-31% 28-39% 100-140 days

Solid Waste 8% 4-8% 6-10% 14-18% 52-66 days

Electric 8% 8-12% Same 16-20% 60-75 days

Airport Fund Changes Airport operations are budgeted as an enterprise fund

This change was made in FY 2010-11, removing airport operation expenses and revenues from the General Fund to a separate enterprise fund

In FY 2010-11, the revenue from gas well royalties at the airport were $2.389 million, in FY 2014-15 these revenues were $581,849 and continue to decline

For FY 2016-17 and beyond, debt service associated with the airport is planned to be paid from the General Debt Service Fund

With this change, the Airport Fund is projected to maintain a positive fund balance for the next five years

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FY 2016-17 Capital Program Total new funding including utilities is $182.299 million (*)

Utility CO’s - $107.44 million

Utility revenue funded - $37.674 million

General Government - $36.095 million

General Government revenue funded - $1.09 million

General Government Proposed Debt

Street Reconstruction (2012, 2014) - $6.0 million

Street Expansion, Sidewalks, Traffic Signals (2014)- $2.95 million

Public Safety (2014) - $8.210 million

Public Safety Radio Upgrades and CAD System - $5.0 million

City Matching Funds for Bonnie Brae/Mayhill - $8.5 million

Vehicle Replacements - $4.06 million

Facility Improvements - $1.175 million

Fleet Fuel Truck- $0.2 million

* Excludes revenue bond sale for Renewable Denton Plan that is currently scheduled for FY 2015-16 sale

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Position Additions for FY 2016-17

(Total City FTEs – 1,638.56)

Fund Additional FTE’s

Electric 9.0

Water 7.0

Wastewater 1.0

Solid Waste 11.0

Materials Management 1.0

Risk Management 1.0

Street Improvement 5.0

Technology Services 1.0

Engineering Services 1.0

General Fund

Neighborhood Services 14.6

Public Safety 20.0

Transportation 2.0

Total 73.636

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$114,503,492 9.7%

$75,559,790 6.4%

$173,408,320 14.6%

$51,782,691 4.4%

$38,595,541 3.3%

$36,814,465 3.1%

$80,428,189 6.8%$13,320,783

1.1%$12,915,116

1.1%

$11,154,737 0.9%

$577,117,000 48.7%

FY 2016-17 Proposed Budget by Fund$1,185,600,124 for all funds

General Fund

General Debt Service Fund

Electric Fund

Water Fund

Wastewater Fund

Solid Waste Fund

Internal Service Funds

Street Improvement Fund

Other Funds

Grants

CIP

Next Steps

Vote on Proposed Tax Rate for required notices –August 9th

Public Hearings – August 23rd and September 13th

Budget Discussions – set at all work sessions from August 9th through September 20th

Budget Adoption – September 20th

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Questions?

city managers dentoncad proposed budget 2016-2017

Real Estate